Sunday, July 2, 2017

Sunday roundup (07-02-2017)

[In the United States, President Donald] Trump posts a video of himself pummeling a man with CNN logo on his face (Politico) President Trump locks heads with news media in a social media first (The Washington Post)

Counseled by Industry, Not Staff, E.P.A. Chief Is Off to a Blazing Start (The New York Times)

Half of Americans are spending their entire paycheck (or more) (CNNMoney)

All eyes on July for U.S. oil demand to drain glut (Reuters)

Burger Costs Hit a 3-Year Low Ahead of Independence Day (Bloomberg)

June 2016: Unofficial Problem Bank list declines to 137 Institutions, Q2 2017 Transition Matrix (Calculated Risk blog)

Illinois blows budget deadline as threat of downgrade looms: Lawmakers remain deadlocked with the state hurtling toward a 'junk' rating. (Politico)

Microsoft is [reportedly considering] laying off ‘thousands’ of staff in a major global sales reorganization (TechCrunch)

Give Us Back Google News Classic Design #googlenews (Economic Signs of the Times blog)

     The aim of this blog is to show (mostly from reports in mainstream respected news sources) that there is reason to believe that both the United States and the global economies remain fragile in the wake of the financial crisis of 2008 and that a number of threats exist today that could, if they worsened, bring about economic depression -- not just a minor depression, but a depression worse than the Great Depression. Key threats include excessive risk-taking by financial firms, unchecked by effective regulation; the continued existence of "too big to fail" institutions; and most especially, the amassing of levels of public and private debt which could become unsustainable.

No comments:

Post a Comment